AGL profit falls in H1

Energy retailer reiterates underlying profit guidance for the year.

AGL Energy (AGK) has reiterated guidance for underlying profit in fiscal 2014 loosely in the range of the previous year, despite posting a significant fall in half-year profit.

The gas and electricity retailer posted a $261 million statutory profit after tax attributable to shareholders in the half, down 27.1% from the previous corresponding period.

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